60
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700 NE 29th Place
About This Property
With bold architectural lines and nearly uninterrupted walls of glass, the home captures open water views from almost every angle-an ever-changing backdrop of sunrises, sunsets, and everything in between.
Inside, the vibe is effortlessly elevated. The expansive open-concept layout blends living, dining, and kitchen spaces into one seamless, sunlit canvas-perfect for casual lounging or lively entertaining. Adjacent to the main gathering space, a sleek waterfront clubroom invites post-boat cocktails, game nights, or simply a quiet moment to unwind while the water glistens just outside.
The main floor also hosts a private guest suite (or home office, or captain's quartersyour call), offering flexibility and seclusion. When it's time to head upstairs, the elevator makes it easy. There you'll find a second living area that opens to a private balcony with panoramic views, plus four additional ensuite bedroomseach with oversized, custom closets and sweeping water vistas.
The primary suite is the showstoppera serene waterfront retreat with dual water closets, a spa-sized shower overlooking the Intracoastal, and generous dressing areas fit for both function and fashion.
Outdoors, the luxury continues: a sparkling pool, relaxing spa, and a 60' Trex dock outfitted with concrete pilings, accent lighting, and full electrical serviceready for your boat, jet skis, or weekend toys. Whether you're setting sail or staying dockside with a drink in hand, this home delivers the perfect blend of elegance, comfort, and coastal adventureall in one of Boca's most coveted waterfront locations.
Home is complete with a whole home generator, pool with salt system and heater, Wolf & Subzero appliances, summer kitchen, all custom closets, shade control, and much more.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
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About Blue Inlet
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017